Fabege continues development of Råsunda

A high school, a preschool facility and a multi-residence building are now to be added to the area. Fabege and the City of Solna have agreed on the construction of a new school for around 360 year 7–9 pupils, a preschool facility for 80 children, and a multi-residence building comprising six apartments – comprising 5,100 sqm in total.

It is the four-storey, comb-shaped office building that previously housed both the Swedish Football Association and AIK that is now to be converted for other uses. The building will be given a new façade, making it a welcome addition to an area of the city that is expected to become home to numerous children – considering the large number of residences currently springing up in the immediate vicinity. Moves are also under way to convert the well-known high-rise building known as “the Dallas Skyscraper” into residences; in fact, work has already begun on drawing up the actual plans.

- “City district development is all about creating an attractive setting where the people who live, work and spend time in the area can really enjoy their everyday lives. When building a great many residences, offices and commercial premises, it is essential to remember the children. How can we help citizens put together their everyday lives, and where would be good places to establish schools and preschool facilities? In Råsunda, we have worked closely with the city authorities to come up with an excellent holistic solution for a great many people,” relates Klaus Hansen Vikström, Vice President and Director of Business Development at Fabege.

The agreement with the City of Solna is set to run for 20 years with a rent of approximately SEK 12.5m per year, and all three of the new facilities are expected to be up and running as early as the start of the autumn school term 2018. The investment amounts to SEK 140m. According to the plans, the building is to fulfil the requirements for environmental certification to BREEAM In-Use, level “Very good”.

For further information, please contact:
Klaus Hansen Vikström, Vice President and Director of Business Development, tel. +46 (0)8-555 148 74, +46 (0)70-239 34 81

Fabege are a property company focusing on city district development and commercial properties. We develop attractive and sustainable districts with modern offices, housing and a broad range of services - together with strategic partners. Both our perspective and approach to ownership are long term and our passion is creating the right conditions for all those living, working and visiting our areas. We have a presence in a limited number of high-growth submarkets in the Stockholm region. Fabege’s shares are listed on Nasdaq Stockholm, in the Large Cap segment. For more information,  www.fabege.com

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We are a property company focusing on city district development and commercial properties. We develop attractive and sustainable districts with modern offices, housing and a broad range of services - together with strategic partners. Both our perspective and approach to ownership are long term and our passion is creating the right conditions for all those living, working and visiting our areas. We have a presence in a limited number of high-growth submarkets in the Stockholm region. Fabege’s shares are listed on Nasdaq Stockholm, in the Large Cap segment.

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City district development is all about creating an attractive setting where the people who live, work and spend time in the area can really enjoy their everyday lives. When building a great many residences, offices and commercial premises, it is essential to remember the children. How can we help citizens put together their everyday lives, and where would be good places to establish schools and preschool facilities? In Råsunda, we have worked closely with the city authorities to come up with an excellent holistic solution for a great many people.
Klaus Hansen Vikström, Vice President and Director of Business Development at Fabege